minimum funding of £750 per month
internet banking

cheque book

combined cheque guarantee and Chip and PIN Visa debit card (1)

standing orders

direct debits

£300 daily withdrawal from Link ATM's

withdraw cash abroad where you see the Visa sign
Free debit card and ATM use abroad

overdraft facility available (1)

balance	variable gross interest (2) AER (3)	net interest(4)
min £1	3.50%	2.80%
authorised overdraft rate - 7.99% p.a. variable EAR (5)

(1) minimum age 18 and subject to status

(2) gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law

(3) annual equivalent rate (AER) illustrates what the interest rate would be if interest was paid and added each year

(4) net interest is the rate of interest which would be payable after allowing for the deduction of income tax at 20%, i.e. the rate specified by law (net interest rates have been rounded and are for illustrative purposes only)

(5) EAR - effective annual rate
(6) The Cumberland does not charge you to use ATMs abroad but the provider of an ATM may apply a charge. The sterling conversion amount debited to your account will include any VISA processing fees

minimum age for our current acounts is 16. minimum current account balance £1

You can apply for a current account online or by contacting us to arrange an appointment to see one of our dedicated advisors.

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